Europe butyl-A spot prices soften on improved supply

13 November 2013 15:13  [Source: ICIS news]

LONDON (ICIS)--Europe spot butyl acrylate (buty-A) prices have softened this week on improved availability, sources said on Wednesday.

The range is at €1,570-1,600/tonne ($2,122-2,162/tonne) FD (free delivered) NWE (northwest Europe), €30-50/tonne lower than prices were last week.

Sales control on butyl-A at Germany’s BASF was lifted at the end of October. The company had implemented force majeure in June because of production problems at its Ludwigshafen facility. It ended about a week later and sales control was put in place.

Arkema lifted its force majeure on acrylic acid (AA) and butyl-A from its Carling facility in France in October, and operations are back to normal. The producer had declared force majeure earlier in October because of a mechanical failure.

Average butyl-A spot prices rose from €1,485/tonne FD NWE in May to €1,710/tonne FD NWE in July. Prices peaked at €1,750/tonne in August and have been on a downtrend since on improving availability, gradually slowing demand and softer feedstock costs.

Spot prices for other acrylate esters, namely methyl acrylate (methyl-A), ethyl acrylate (ethyl-A) and 2-ethylhexyl acrylate (2-EHA) have seen a slight dip in value since April amid largely balanced market conditions.

Follow me on Twitter

($1 = €0.74)


By: Helena Strathearn
+44 208 652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index